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Cryopeak LNG Solutions Corporation said Wednesday it has signed a Memorandum of Understanding with marine bulk fuels transporter Island Tug & Barge Ltd. (ITB) to deliver liquefied natural gas (LNG) bunkering services in Southwest British Columbia, Canada.<\/p>\n
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Cryopeak and ITB have developed a design for a 4,000-cubic-meter articulated tug and barge (ATB) which is planned to be in operation in 2023. A key feature of this solution is that it will leverage one of ITB’s tugs designed and built in Vancouver to deliver LNG as a fuel to shipping companies calling to ports on the West Coast.<\/p>\n
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“We are excited to partner with Island Tug & Barge to combine ITB’s marine operations expertise with Cryopeak’s expertise in LNG distribution and project development. We look forward to developing this initiative and supporting the use of LNG as a marine fuel on the West Coast,” states Calum McClure, CEO of Cryopeak. “This initiative supports the Port of Vancouver in joining other leading ports globally in offering LNG bunkering services.”<\/p>\n
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Cryopeak said it has engaged with local First Nations to develop business opportunities associated with the project.<\/p>\n
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This project is in line with Cryopeak, which currently has a fleet of 16 tankers operating in Canada, as well as equipment and technologies for storage, regasification and fuel dispensing, said it aims to be a vertically integrated and full-service provider of LNG to Western and Northern Canada, as well as Alaska.\u00a0<\/p>\n
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ITB is a subsidiary of Tidewater Canada, Incorporated and is the West Coast’s largest Canadian bulk transporter of refined petroleum products.<\/p>\n
maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"
Cryopeak LNG Solutions Corporation said Wednesday it has signed a Memorandum of Understanding with marine bulk fuels transporter Island Tug & Barge Ltd. (ITB) to deliver liquefied natural gas (LNG) bunkering services in Southwest British Columbia, Canada. Cryopeak and ITB have developed a design for a 4,000-cubic-meter articulated tug and barge (ATB) which is planned …<\/p>\n","protected":false},"author":1,"featured_media":13680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[3409,1594,8995,1202,1506,3793,523,568],"class_list":["post-13679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-barge","tag-bunkering","tag-cryopeak","tag-deal","tag-inks","tag-island","tag-lng","tag-tug"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/13679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=13679"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/13679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/13680"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=13679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=13679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=13679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}